(Reuters) - Stock futures pointed to a lower opening for Canada’s main stock index on Friday on mounting worries over the pace of global growth.
December futures on the S&P TSX index SXFc1 were down 0.37 percent at 0720 ET.
Employment data is due at 0830 ET ECONCA.
The country’s main stock index .GSPTSE dropped sharply on Thursday as worries about the health of the global economy hit investor sentiment and shares of energy producers dived as oil prices fell.
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.39 percent at 0720 ET on Friday, S&P 500 e-mini futures ESc1 were down 0.35 percent and Nasdaq 100 e-mini futures NQc1 were down 0.80 percent. [.N]
The Canadian government stands ready to act to cool the housing market if necessary but does not see a housing bubble or the need for any dramatic moves, Finance Minister Joe Oliver said on Thursday.
With marijuana still illegal on a federal level in the United States, American investors in Canadian medical marijuana can be seen as violating the Controlled Substances Act, according to some U.S experts. And the use of the banking system to transfer the proceeds of such investments could be seen as money laundering.
Gold futures GCc2: $1217.00; -0.62 pct [GOL/]
US crude CLc1: $84.80; -1.13 pct [O/R]
Brent crude LCOc1: $89.33; -0.80 pct [O/R]
LME 3-month copper CMCU3: $6,639.25; -1.2 pct [MET/L]
Bankers Petroleum Ltd BNK.TO: Wood & Co raises to “buy” from “hold”
Manitok Energy Inc MEI.V: Canaccord Genuity cuts to “speculative buy” from “buy”
0830 Import Prices mm for Sep: Expected -0.7 pct; Prior -0.9 pct
0830 Export Prices mm for Sep: Expected -0.1 pct; Prior -0.5 pct
1030 ECRI Weekly Index: Prior 134.6
1030 ECRI Weekly Annualized: Prior +1.8 pct
TSX market report [.TO]
Canadian dollar and bonds report [CAD/] [CA/]
Reuters global stocks poll for Canada EQUITYPOLL1 <EPOLL/CA>
Canadian markets directory CANADA
Reporting by Benny Thomas in Bangalore; Editing by Savio D'Souza